[size=36]The Minister of Foreign Affairs announces Iraq's exit from Chapter VII procedures[/size]
[You must be registered and logged in to see this link.]
, Foreign Minister Fouad Hussein announced, on Wednesday, that Iraq has exited the procedures of Chapter VII.
Hussein said in his speech at the Security Council that "Iraq paid the last payment in accordance with its financial obligations and paid the full amount of compensation due to it, which is (52.4) billion US dollars," noting that "Iraq today is turning an important page of its history that lasted more than thirty years.
Hussein indicated to" The start of a new page in Iraq's diplomatic, political and economic history that enhances its regional and international role,"
he added, adding that "Iraq has fulfilled all its international obligations under the relevant Security Council resolutions.
He stressed that "Iraq is no longer required to pay any additional sums of money in the future or deal with Chapter VII procedures.
And he added, "The Government of Iraq confirms that working with the United Nations Compensation Commission and the Security Council was a successful model for multilateral action and enhances confidence in international mechanisms and procedures in settling crises."
He added, "Iraq continued to fulfill these obligations in full in accordance with the timetables and percentages approved by the Compensation Committee, despite the difficult circumstances it went through by taking its role at the forefront of the world's countries to confront the terrorist gangs of ISIS and recover cities from the organization's control."
And he added, "The Government of Iraq considers the full fulfillment of its international obligations towards the international community and the sisterly State of Kuwait as a major development that would strengthen Iraq's relations with its regional and international surroundings."
He pointed out that "Iraq has sought to complete this unique model of work, international effort and joint cooperation under the frameworks and mechanisms of the United Nations."
And he added, "Through Iraq's full fulfillment of its international obligations, he highlighted an international legal and moral obligation on the international community and the United Nations, which is to remove Iraq from all Chapter VII procedures, preserve Iraq's rights and funds and its international legal entitlements, and protect it from any future claims within the framework of the international effort led by the United Nations." Ended 29 / p. 87